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December 18, 2012
10:06 EDTPII, ACATArctic Cat, Polaris rise after analyst says shares attractive
Winter vehicle makers Arctic Cat (ACAT) and Polaris Industries (PII) are rising after KeyBanc analyst Scott Hamann wrote that demand for the company's products has increased in some regions of the country. Moreover, the increase in demand has occurred in regions that are more important to the companies, Hamann wrote in a note to investors earlier today after speaking with dealers. Concerns about weak snowfall and potentially slowing snow plow sales have created an attractive risk/reward ratio in the stocks, the analyst added. In fact, plow demand appears to be solid, and Arctic Cat and Polaris are both gaining share in the market, wrote Hamann, who maintained Buy ratings on Arctic Cat and Polaris. In early trading, Arctic Cat rose 2.65% to $37.97, while Polaris added 0.66% to $80.90
News For ACAT;PII From The Last 14 Days
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September 3, 2015
10:03 EDTPIIOn The Fly: Analyst Upgrade Summary
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09:34 EDTPIIPolaris Industries upgraded at RBC Capital
As noted earlier, RBC Capital upgraded Polaris to Outperform from Sector Perform. After meeting with the company's management, the firm says that issues with Spirit Lake appear to be "under control," increasing its confidence in the company's 2016 motorcycle sales. The firm is now more convinced that the company's gross margin can rise in 2016. It also cited valuation as a reason for the upgrade. Target $158.
06:38 EDTPIIPolaris Industries upgraded to Outperform from Sector Perform at RBC Capital
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August 26, 2015
06:04 EDTPIIPolaris Industries partners with Mad Media for new Slingshot X video series
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